Certain A Shares of Fujian Foxit Software Development Joint Stock Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-SEP-2023.
September 07, 2023
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Certain A Shares of Fujian Foxit Software Development Joint Stock Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-SEP-2023. These A Shares will be under lockup for 1103 days starting from 31-AUG-2020 to 8-SEP-2023.
Details:
The company?s controlling shareholder, actual controller, Chairman of the Board, Director-General, core technical personnel Xiong Yuqian, Xiong Chunyun and Hong Zhijun not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the company?s share listing date. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 months from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.
The company?s ESOP platforms Fuzhou Gulou District Xinhua Enterprise Management Advisory Center (Limited Partnership) and Beijing Xinjun Qingjie Enterprise Management Advisory Center (Limited Partnership) committed not to transfer or entrust to a third party the company?s shares they hold before the public offering, or allow the company to repurchase these shares within 12 months from the company?s share listing date.
The company?s shareholders serving as directors, supervisors, senior management George Zhendong Gao and spouse Ou Jiangying, Zhai Pujiang, Zhang Shiyuan, Li Youming and Yu Xuehong committed not to transfer or entrust to a third party the company?s shares they hold directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months from the company?s share listing date. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 months from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.
The company?s shareholders serving as core technical personnel Liang Junyi, Wei Qun, Huang Peng, Meng Qinggong committed not to transfer or entrust to a third party the company?s shares they hold directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months from the company?s share listing date.
The company?s shareholder Wang Mangen committed not to transfer or entrust to a third party the company?s shares it holds before the public offering, or allow the company to repurchase these shares within 36 months from the company?s share listing date.
Fujian Foxit Software Development Joint Stock Co Ltd is a China-based company engaged in providing portable document format (PDF) related software and products. The Company's primary products are PDF editors and readers, including Foxit PhantomPDF, Foxit Reader and Foxit PDF Reader Mobile. Its products are applied in desktop computers, tablet computers, enterprise servers, smart phones and other application terminals. The Company also provides software development platforms and tools, including Foxit PDF software development kit (SDK), to help program developers embed Foxit Software PDF-related technologies into their own software products. The Company also provides enterprise document automation solutions, as well as PDF related tools and online services.